Changi records double-digit traffic growth in Q1
China's Xiamen Airlines named Changi's Partner of the Year for its significant contribution to the development of the airport
Singapore
PASSENGER traffic at Changi Airport grew by 10 per cent in the first quarter of this year, on the back of strong travel demand across all its major markets. In particular, traffic to and from China, Malaysia and Thailand enjoyed double-digit growth.
This comes as a turnaround in the second half of last year spills over into 2016. In comparison, it was a tale of two halves with flat growth in the first half of 2015 after several high-profile air accidents in 2014 dampened travel demand and as carriers cut capacity amid sliding yields.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Tesla sends top executive back to China as sales slump worsens
Qantas boss says demand for premium class seats at record levels
Lyft beats on bookings, adds new riders
Geely, Foretellix partner to jump-start self driving car development
Ferrari posts underwhelming earnings amid flat deliveries
Tesla’s China-made EV sales fall 18% y/y in April